WESTLAKE, Texas - Goosehead Insurance, Inc. (NASDAQ: GSHD), an independent agency in the personal lines insurance sector, has revealed a change in its executive leadership. On July 1, 2024, the company's co-founder, Mark Jones, will assume the role of Executive Chairman, while Mark Miller, currently President and Chief Operating Officer, will take over as Chief Executive Officer.
The transition marks a new chapter for Goosehead, which has experienced substantial growth since its inception by Mark and Robyn Jones in 2003. The company boasts significant annual premium growth, a high net promoter score, and strong client retention rates. Its total written premiums have surpassed $3 billion, and since its initial public offering in April 2018, Goosehead's shareholder returns have significantly outpaced the S&P 500.
Peter Lane, Goosehead's Lead Independent Director, praised Jones for his "visionary, people-first leadership" that has cultivated a dynamic management team and culture. Lane also expressed confidence in Miller's leadership, recognizing his contributions since joining the company's management in 2022 and his role on the Board of Directors since the IPO.
Jones, reflecting on his tenure as CEO, emphasized the company's focus on building a management team poised for future expansion. He expressed his confidence in Miller, noting his 25-year acquaintance and Miller's role in executing the company's strategic plan.
Miller, in turn, expressed his excitement and honor at being named the next CEO, citing the company's strong foundation and unique business model. He highlighted his commitment to expanding Goosehead's competitive position and achieving the goal of becoming the largest distributor of personal lines insurance in the U.S.
Goosehead Insurance operates both corporate and franchise locations across the United States, representing over 150 insurance companies. The company has been recognized for its client-centric approach and commitment to providing a broad product choice and superior service experience.
This leadership announcement is based on a press release statement from Goosehead Insurance, Inc.
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